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EdTech startup Claned secures $1.4M to expand to India

claned

Finland based edtech startup Claned has raised $1.46 million in a round of funding led by Indian CBA (Cross Border Angels and Investors) members, reports YourStory. The startup will use the round of funding to roll out operations in India.

Claned is an online learning platform that students can sign up for free. It allows users to upload or publish files from different website to create and share boards, which can be used to collaborate with friends and other learners. As of now the platform lists around 50 boards for a variety of topics like HTML5, Internet of Things, Trademarks, Robotics, English Study etc.

Essentially the website feels like a social network with related sub-forums where users can upload pages, courses, video, lessons and communicate doubts and collaborate solutions. However, the publicly visible boards are few, with very few students available online to collaborate with. Given that the platform caters to no particular education system, it makes sense for it to push for expansion in India; the massive number of English speaking students in the country should help it build up more content and have more users online at any point of time.

Other than this, Claned provides students with analytics on their study time, study frequency, accumulated study time, interactions, commenting, learning orientation etc. It also offers a study mode, aimed at letting users focus on learning. This mode lets users set a time limit and provides analytics on how focused a user was during study time. Overall, we feel the platform should be pretty useful for students once it has more users to collaborate with.

As of now, the company claims to have commercial deals with partners in India, Finland, UK, UAE, Spain, Indonesia and Vietnam. These include institutions like Imperial College of London, United Nations, University of Helsinki, Microsoft, Lenovo and University of Cambridge.

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Other developments in edtech:

– In December, Jigsaw Academy raised $3 million in a series A round of funding. The platform offers courses in data analytics and big data for students and professionals.

– In the same month, Careers360, an online career counselor and education services firm, acquired the Mumbai-based college enrollment platform NoPaperForms, while online exam preparation service MockBank acqui-hired Litoro, a Vijaywada based web and mobile services company.

– In October, Schoolguru, an e-learning company which lets universities launch, run and manage online programs through its platform, raised a little over $3 million.

– In September, Meritnation crossed 1 crore users. In June, it had raised funding worth Rs 25 crore from InfoEdge.

– In September, OnlineTyari raised $750,000 in funding various investors.

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– In June, e-learning marketplace EduKart raised $1 million from Holostik Group’s United Finsec (family office arm), YouWeCan and 500 Startups.

– In May, Plancess raised $2 million in funding from Aarti Group’s promoters Rajendra Gogri and Chandrakant Gogri.

– In the same month, Mumbai-based online test preparation service Toppr raised $10 million. It bought JEE prep test-taking platform EasyPrep for an undisclosed sum.

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